Mortgage

Mortgage

State Officials Announce Upcoming Mortgage Assistance Event

WASHINGTON, D.C. - April 9, 2013 - (RealEstateRama) -- Connecticut’s distressed homeowners have another opportunity to explore loan modification and foreclosure prevention options with their lenders at a day-long, state-sponsored forum on Wednesday, ...

Maloney urges faster checks to homeowners, monthly updates on mortgage settlements in letter to...

WASHINGTON, D.C. - April 8, 2013 - (RealEstateRama) -- Rep. Carolyn Maloney (D-NY), senior member of the House Financial Services committee and Ranking Member of its Capital Markets Subcommittee, today wrote the Comptroller of the Currency and the Chai...

AG Kilmartin Announces $1 .5 Million Grant to Rhode Island Housing to Ai d...

WASHINGTON, D.C. - April 3, 2013 - (RealEstateRama) -- Following up on last week’s announcement of a $150,000 grant to Housing Action Coalition of Rhode Island, Attorney General Peter F. Kilmartin today announced a $1.5 million dollar grant to Rhode ...

CONSUMER ALERT

OKLAHOMA CITY - April 3, 2013 - (RealEstateRama) -- Attorney General Scott Pruitt Tuesday issued an alert for Oklahoma residents about a new federal mortgage settlement from the U.S. Department of the Treasury.

Op-Ed: Housing Agency Needs New Leader

New York, NY - April 3, 2013 - (RealEstateRama) -- Last week, we joined seven other state attorneys generals in calling on President Barack Obama to replace Edward DeMarco, the acting director of the Federal Housing Finance Agency, which oversees Fanni...

A.G. Schneiderman Op-Ed: Homeowners Need New Leadership Over Fannie Mae And Freddie Mac

NEW YORK, NY - April 3, 2013 - (RealEstateRama) -- New York Attorney General Eric T. Schneiderman today published an op-ed in Politico calling on President Obama to replace Edward DeMarco, the acting Director of the Federal Housing Finance Agency, whic...

Wabaunsee County Woman Sentenced for Mortgage Fraud

TOPEKA, KS - April 3, 2013 - (RealEstateRama) -- A woman from Wabaunsee County, Kansas has been sentenced to two years federal probation and ordered to pay a $5,000 fine for mortgage fraud, U.S. Attorney Barry Grissom said today

Banks Violate National Mortgage Settlement and CA Homeowners Bill of Rights Protections, New Survey...

WASHINGTON, D.C. - April 3, 2013 - (RealEstateRama) -- A new survey of housing counselors in California reveals that banks are violating several consumer protections that were mandated by the $26 billion National Mortgage Settlement (NMS) and the Calif...

Clay Cosponsors Consumer Mortgage Choice Act

WASHINGTON, DC - March 29, 2013 - (RealEstateRama) -- Congressman Wm. Lacy Clay (D) Missouri, a senior member of the House Financial Services Committee and Ranking Member of the Subcommittee on Domestic & International Monetary Policy and Technolo...

Idaho Department of Finance to Adopt New Uniform State Mortgage Loan Originator Test

Boise, ID - March 28, 2013 - (RealEstateRama) -- The Idaho Department of Finance announced today that effective April 1, 2013, the national test for mortgage loan originators (MLOs) seeking licensure in Idaho will include a new uniform state test compo...

Homebuyers and Renters Invited to “Come Home to Howard County”

Columbia, MD - March 28, 2013 - (RealEstateRama) -- Maryland’s largest housing fair returns! The 7th Annual Come Home to Howard County Housing Fair is Saturday, April 13 from 10 a.m. to 2 p.m. at Long Reach High School, 6101 Old Dobbin Lane, in Colum...

The Ballen Group Las Vegas Closes Another Real Estate Transaction.

Las Vegas, NV - March 27, 2013 - (RealEstateRama) -- The Ballen Group, A Las Vegas real estate team who specializes in Summerlin, Las Vegas and surrounding areas has closed another Las Vegas Real Estate Transaction. This time, The Ballen Group resented...

SC Housing Salutes “Palmetto Heroes” with 3% Mortgage Rate Offer

Columbia, S.C. - March 27, 2013 - (RealEstateRama) -- Today, the South Carolina State Housing Finance and Development Authority (SC Housing) announced it is once again making funds available to help South Carolina’s heroes – law enforcement officer...

Attorney General Pam Bondi’s Statement on the Senate Subcommittee’s Plan for National Mortgage Settlement...

TALLAHASSEE, FL - March 27, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the Senate Subcommittee on Transportation, Tourism and Economic Development’s draft legislation regarding more than $200 million in ...

OCC Reports on Mortgage Performance for Fourth Quarter

WASHINGTON, DC - March 27, 2013 - (RealEstateRama) -- The overall quality of first-lien mortgages serviced by large national and federal savings banks improved from the prior quarter and from the same period a year ago according to a report released to...

AG Kilmartin’s MERS Reform Legislation to be Heard in House/Senate Committees

WASHINGTON, D.C. - March 27, 2013 - (RealEstateRama) -- Citing the irregularities with the recording of mortgages and assignments that negatively impact municipalities and consumers, Attorney General Peter F. Kilmartin filed legislation to require that...

130 Families Pre-Qualified for Affordable Mortgage Products at State of Illinois Homebuyer Expo

CHICAGO, IL - March 25, 2013 - (RealEstateRama) -- Approximately 130 families who attended the first-ever State of Illinois Homebuyer Expo over the weekend are now on the path to homeownership. After pre-qualifying for safe and affordable mortgage prod...

Consumer Complaint Resources Available As Required By Lender Processing Services Inc. Settlement

WASHINGTON, D.C. - March 25, 2013 - (RealEstateRama) -- Attorney General George Jepsen is advising consumers that two toll-free numbers are available for questions about faulty mortgage-related documents or field services provided by Lender Processing ...

Another Real Estate Transaction Just Closed By The Ballen Group Las Vegas.

Las Vegas, NV - March 25, 2013 - (RealEstateRama) -- The Ballen Group, A Las Vegas real estate team who specializes in Summerlin, Las Vegas and surrounding areas has closed another Las Vegas Real Estate Transaction. This time, The Ballen Group resented...

Sen. Kirk’s Vote on Cordray Disappoints

WASHINGTON, D.C. - March 21, 2013 - (RealEstateRama) -- The Senate Banking Committee voted earlier today 12-10 along party lines in favor of the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau (CFPB). Cordray’s...

February home sales in Illinois up 16.2 percent from a year ago; statewide median...

SPRINGFIELD, IL - March 21, 2013 - (RealEstateRama) -- Illinois home sales increased 16.2 percent over previous-year levels in February and median prices increased 5.1 percent, according to the Illinois Association of REALTORS®.

Attorney General Pam Bondi’s Statement on the Passage of Legislation Relating to National Mortgage...

TALLAHASSEE, FL - March 21, 2013 - (RealEstateRama) -- Attorney General Pam Bondi released the following statement on the passage of legislation relating to the remaining $200 million of the National Mortgage Settlement in the House Appropriations Comm...

Banks Ignore Homeowner Complaints; New IG Report Faults FHFA Leadership

Washington, D.C. - March 21, 2013 - (RealEstateRama) -- Today, Congressman Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, released a new report issued by the Inspector General of the Federal Housing Financ...

Attorney General Kilmartin Mortgage Conciliation Legislation before House Judiciary Committee

WASHINGTON, D.C. - March 20, 2013 - (RealEstateRama) -- As witnessed over the last several years, foreclosures lead to vacant homes, which destabilize neighborhoods and further drive down property values as well as having a devastating impact on the fa...

AG Kilmartin Announces $150,000 Grant to Housing Action Coalition of Rhode Island to Support...

WASHINGTON, D.C. - March 20, 2013 - (RealEstateRama) -- As part of the National Mortgage Settlement funding for local efforts to help homeowners facing foreclosure, Attorney General Peter F. Kilmartin today announced a $150,000 grant to the Housing Act...

PHFA honors its best – performing lending partners

HARRISBURG - March 19, 2013 - (RealEstateRama) -- The Pennsylvania Housing Finance Agency held its annual homeownership program awards event today at its headquarters to honor its top lenders for the year 2012. These lenders assist homebuyers throughou...

Former Manager of Virginia Beach Mortgage Brokerage Firm Pleads Guilty to Fraud

NORFOLK, VA - March 19, 2013 - (RealEstateRama) -- David Burrus, Jr., age 39, a former Virginia Beach resident now living in Burns, Tenneesee, pleaded guilty today in Norfolk federal court to conspiring to commit mail and wire fraud in conjunction with...

Congresswoman Corrine Brown Fights for Floridians to Overcome Housing Crisis

Washington, DC - March 18, 2013 - (RealEstateRama) -- Congresswoman Brown made the following statement: “Assisting my constituents with their housing needs has always been one of my top priorities ever since I was first elected to Congress in the e...

Rep. Stefani Carter Introduces Legislation to Protect Homeowners

WASHINGTON, D.C. - March 18, 2013 - (RealEstateRama) -- House Bill 2864 protects homeowners by mandating that banks cannot foreclose on a property unless they show proof that the borrowers received the foreclosure notice by certified mail. This bill al...

Governor Quinn Announces Illinois Hardest Hit Increasing Mortgage Assistance to $35,000 per Homeowner

CHICAGO, IL - March 15, 2013 - (RealEstateRama) -- Governor Pat Quinn today announced that the Illinois Housing Development Authority is increasing the mortgage assistance available through the Illinois Hardest Hit program to $35,000 per household acro...

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families